'Small businesses are being warned that they'll lose business if they continue to ignore the Year 2000 computer problem.
"Small companies just do not have the luxury to let this slip," says Eugene Carlson, associate administrator of the Small Business Administration (SBA). "This is a non-negotiable deadline."
Even though 80% of companies employing fewer than 100 people are aware of the issue, half don't plan to address it, a Wells Fargo Bank survey of 500 companies in April said. . . .
"It was an eyebrow raiser," says William Dennis, of the National Federation of Independent Business. "They clearly don't see it in the ramifications of their businesses." . . .
Despite the warnings, other small-business owners are putting their faith in technology experts, figuring if they were smart enough to develop the product, they also can handle any glitches.
"I think the software industry is aware of the Year 2000 problem, and I think they're going to take care of it," says Jerry Hansen, a Billings, Mont., accountant.
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